Value Microcaps Motherboard

[cliffvb]

NXG and canadian miners. TGB is finally showing some life with copper prices up to $2. NXG, a copper and gold miner now at $1.46 is another one I like. Last Q they had cash flow of 10c and earned 4c on sales of 75,000 oz of gold and 17.2 mil lbs of copper. This qrtr they are projecting a large increase with sales of 94,000 oz of gold and 24.5 mil lbs of copper. Their net cash cost of production is projected to drop to $75/oz vs. $137/oz last quarter. That was based on substantially lower metal prices than we have now so they are virtually guaranteed to see a substantial increase in eps.

Here's a link to a write up in marketwatch about the values in canadian miners with a focus on NXG:


http://www.marketwatch.com/news/story.asp?tool=1&guid={515809FE-4444-4151-A476-1 35AF3A71DC0}&siteid=bigcharts&dist=bigcharts&